FDIC Certificate #: 3676 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Neighbor Bank, National Association (#3747) Federal Reserve ID: 795735 Date Established: January 01, 1906 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) OTS Docket #: 13952 FDIC's unique #: 2351 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 23, 2001 Last Structure Change Process Date: July 12, 2001 Last Data Update: July 12, 2001 Data Source Date: April 05, 2012
Location
Address: 705 East Cumberland Street, Greenup, IL 62428 County: Cumberland Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Champaign Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Core Based Statistical Area (CBSA): Charleston-Mattoon, IL (#16660) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $54.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
15Total employees (full-time equivalent)
$54,093Total assets
$1,693Cash and due from depository institutions
$0Interest-bearing balances
$13,027Securities
$2,875Federal funds sold & reverse repurchase agreements
$33,964Net loans & leases
$347Loan loss allowance
$0Trading account assets
$770Bank premises and fixed assets
$135Other real estate owned
$357Goodwill and other intangibles
$0Life insurance assets
$1,272All other assets
$54,093Total liabilities and capital
$49,192Total liabilities
$48,266Total deposits
$44,148Interest-bearing deposits
$48,266Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$591Other borrowed funds
$0Subordinated debt
$335All other liabilities
$4,901Total equity capital
$4,901Total bank equity capital
$4,901Perpetual preferred stock
$0Common stock
$150Surplus
$4,122Undivided profits
Memoranda
$629Noncurrent loans and leases
$2,302Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$536Earning assets
$0Long-term assets (5+ years)
$506Average Assets, year-to-date
$49,866Average Assets, quarterly
$1,057Volatile liabilities
$52,257Insider loans
$53,106FHLB advances
$7,216Loans and leases held for sale
$997Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,302Total unused commitments
$0Restructured Loans and leases
$347Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$3,932Total interest income
$2,133Total interest expense
$1,799Net interest income
$180Provision for loan and lease losses
$198Total noninterest income
$0Fiduciary activities
$112Service charges on deposit accounts
$0Trading account gains & fees
$86Additional noninterest income
$1,256Total noninterest expense
$572Salaries and employee benefits
$149Premises and equipment expense
$535Additional noninterest expense
$561Pre-tax net operating income
$0Securities gains (losses)
$225Applicable income taxes
$336Income before extraordinary items
$0Extraordinary gains - net
$336Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$87Sale, conversion, retirement of capital stock, net
$100Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.12%Yield on earning assets
4.41%Cost of funding earning assets
3.72%Net interest margin
0.41%Noninterest income to earning assets
2.59%Noninterest expense to earning assets
0.64%Net operating income to assets
0.64%Return on assets (ROA)
1.07%Pretax return on assets
7.15%Return on equity (ROE)
5.02%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
206.90%Credit loss provision to net charge-offs
8.52%Efficiency ratio
59,940Assets per employee
3.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
29.76%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
64.74%Noncurrent assets plus other real estate owned to assets
1.24%Noncurrent loans to loans
1.56%Net loans and leases to deposits
70.37%Net loans and leases to core deposits
82.74%Equity capital to assets
9.06%Core capital (leverage) ratio
8.83%Tier 1 risk-based capital ratio
13.50%Total risk-based capital ratio
Memoranda
$15Average assets
$52,257Average earning assets
$4,702Average equity
$48,413Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Greenup National Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: